Flying Tulip: Bootstrapping a Full-Stack Exchange, Rethinking Fundraising
We’re excited to announce that we’re participating in Flying Tulip’s $200 million seed round. Flying Tulip is a new initiative from Andre Cronje and his team. It’s an ambitious attempt to build, from the ground up, a full-stack exchange spanning spot, perps, and options trading to lending and structured yield. While the scope is broad, in this post, we’ll focus on the fundraising model, where Flying Tulip is breaking new ground.
Flying Tulip: Bootstrapping a Full-Stack Exchange, Rethinking Fundraising
We’re excited to announce that we’re participating in Flying Tulip’s $200 million seed round. Flying Tulip is a new initiative from Andre Cronje and his team. It’s an ambitious attempt to build, from the ground up, a full-stack exchange spanning spot, perps, and options trading to lending and structured yield. While the scope is broad, in this post, we’ll focus on the fundraising model, where Flying Tulip is breaking new ground.
